Iron ore futures edge higher on post-holiday restocking demand
Iron ore futures gained in post-holiday trade on Thursday, supported by restocking demand after China’s National Day break. Market sources said some steel mills have resumed iron ore purchases, lending support to prices.
However, environmental curbs in Tangshan and weak steel demand could weigh on the outlook. Rising trade protectionism against Chinese steel products also remains a concern, with Egypt introducing new measures and Europe preparing to tighten restrictions next year.
On the Dalian Commodity Exchange, the most-traded January iron ore contract rose 0.96pct to 790.5 yuan (USD 110.9) per ton. Coking coal gained 1.57pct to 1,164 yuan (USD 163), while coke rose 0.52pct to 1,654 yuan (USD 232) per ton.
On the Shanghai Futures Exchange, rebar inched up 0.19pct to 3,096 yuan (USD 435), HRC gained 0.37pct to 3,286 yuan (USD 461), wire rod rose 0.39pct to 3,320 yuan (USD 466), and stainless steel advanced 0.59pct to 12,860 yuan (USD 1,806) per ton.
1 USD / 7.12 yuan
body table tr td div strong { color: #FFF; }| CHINESE STEEL FUTURES | Date: 10/9/2025 | ||
| Material | Closing Price (in yuan) |
Difference from Night Session (pct) | Difference from Previous Morning Session (pct) |
| Wire Rod | 3,320 | 0.39 | 3.61 |
| HRC | 3,286 | 0.37 | 1.00 |
| Rebar | 3,096 | 0.19 | 0.78 |
| Stainless Steel | 12,860 | 0.59 | 1.01 |
| Iron Ore | 790.5 | 0.96 | 1.27 |
| Coke | 1,654 | 0.52 | 1.87 |
| Coking Coal | 1,164 | 1.57 | 3.26 |
Published by news.mesteel.com on 9 October 2025. Read it there ↗